Liberty Defense Holdings, Ltd. (NASDAQ:DETX) Stock Short Interest Report for September

Liberty Defense Holdings, Ltd. (NASDAQ:DETX) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 4,638 shares, a decline of 56.7% from the September 15th total of 10,721 shares. Based on an average daily trading volume, of 14,345 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

Liberty Defense Stock Down 12.5%

NASDAQ:DETX traded down $0.23 during trading hours on Tuesday, reaching $1.62. 6,168 shares of the company’s stock were exchanged, compared to its average volume of 29,624. The firm has a market cap of $3.21 million and a price-to-earnings ratio of -0.89. The firm’s 50-day moving average is $2.75. Liberty Defense has a 1-year low of $1.58 and a 1-year high of $4.98.

Liberty Defense (NASDAQ:DETX) last issued its quarterly earnings data on Monday, August 17th. The company reported ($0.43) earnings per share (EPS) for the quarter. The business had revenue of $0.04 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Liberty Defense in a report on Tuesday, July 21st. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Hedge Funds Weigh In On Liberty Defense

A hedge fund recently bought a new stake in Liberty Defense stock. AWM Investment Company Inc. purchased a new position in shares of Liberty Defense Holdings, Ltd. (NASDAQ:DETX) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 514,300 shares of the company’s stock, valued at approximately $2,083,000. AWM Investment Company Inc. owned about 25.97% of Liberty Defense as of its most recent SEC filing.

Liberty Defense Company Profile

Liberty Defense Holdings Ltd. is a security technology company that develops artificial intelligence-enabled solutions for detecting concealed weapons and other threats. Its systems are designed to support security screening in locations such as airports, schools, sports and entertainment venues, transportation facilities, and other public or private sites.

The company’s product portfolio includes HEXWAVE, a three-dimensional radar-based platform intended to identify concealed weapons and other prohibited items without requiring individuals to pass through a traditional metal detector.